Although the prolonged crypto bear market has wiped off hundreds of billions of dollars from the market capitalization of most major digital assets, the demand for qualified blockchain developers appears to be increasing.
This, according to a recent report from The Next Web which revealed that US-based companies posted 2,616 blockchain-related jobs on Glassdoor, a leading online recruitment site. Out of a total 5,711 crypto and blockchain jobs listed on the platform, there were reportedly 1,015 that were posted by employers from the UK. Meanwhile, firms based in India listed 257 vacancies for blockchain developers.
According to TNW's report, there are currently thousands of job listings on Glassdoor for blockchain professionals who may be skilled at marketing, sales, and software development.
The report also revealed that out of the top 10 firms reportedly offering blockchain-focused jobs, there were only three companies that were actually cryptocurrency-related startups. These included job postings by Wirex, Crypto.com, and Foris Limited.
EY, Deloitte, PwC Seeking Blockchain Professionals
Other firms offering careers in blockchain include “Big Four” accounting and professional services firms, PricewaterhouseCoopers (PwC), Deloitte, and Ernst & Young (EY). Accenture and giant IT firms including IBM and Oracle are also reportedly looking for blockchain professionals to fulfill key roles required by various projects.
As CryptoGlobe reported recently, EY has launched a set of software tools that allow users to track their cryptocurrency-related earnings - in order to properly file taxes on their capital gains.
Meanwhile, leading New York-based tech firm IBM has introduced several blockchain-based solutions such as Tradelens to manage products on supply chains.
Ripple, ConsenSys Looking To Hire Blockchain Professionals
American fintech firm Ripple Labs, which has developed a suite of financial products (xVia, xCurrent, xRapid) in order to expedite cross-border remittance payments, is also reportedly looking to hire professionals who specialize in developing distributed ledger technology (DLT)-based solutions.
Despite having announced that it is planning to lay off as many as 60% of its staff members (in December 2018), Brooklyn New York-headquartered ConsenSys, an Ethereum-related development firm, is reportedly looking for blockchain professionals to work on various ongoing projects. However, TNW’s job market report pointed out that fewer than half of the firms in the top 20 that are looking to hire blockchain professionals are crypto startups.
Moreover, the publication's analysis of the crypto job market has found that there are currently fewer companies looking to start cryptocurrency-related projects. Meanwhile, interest in developing blockchain-based solutions seems to be increasing as there are many companies looking to recruit professionals who are skilled at designing DLT-based platforms.